Insurance Assist India Private Limited

Provides support and services to insurance companies for claims and investigations.

2001 | Mumbai, Maharashtra (India) | Active
Last Updated: January 23, 2025

Insurance Assist India Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 7.52 Cr
  • Company Age 24 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 14.33 Cr
  • Revenue Growth %
  • Profit Growth 224551.48%
  • Ebitda -185777.55%
  • Net Worth 3761.87%
  • Total Assets 19997.19%

About Insurance Assist India

Insurance Assist India Private Limited (IAIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 09 January 2001 and has a history of 24 years and one month. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 7.52 Cr.

The company currently has active open charges totaling ₹14.33 Cr.

Kanan Sheth, Prabodh Thakker, Puja Parekh, and One other member serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    globalinsurance.co.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U66010MH2001PTC130355

  • Company No.

    130355

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Jan 2001

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

Who are the key members and board of directors at Insurance Assist India?

Board Members (4)

NameDesignationAppointment DateStatus
Pratik Parekh Country flag representing In Director 15-Apr-2019Current
Prabodh Thakker Country flag representing In Director 07-Oct-2024Current
Kanan Sheth Country flag representing In Director 14-Feb-2024Current
Puja Parekh Country flag representing Us Director 11-Sep-2024Current

Financial Performance of Insurance Assist India.

Insurance Assist India Private Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 224551.48% increase in profit. The company's net worth Soared by an impressive increase of 3761.87%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
Revenue from Operations
Total Assets
19997.19%
Profit or Loss
224551.48%
Net Worth
3761.87%
EBITDA
-185777.55%

What is the Ownership and Shareholding Structure of Insurance Assist India?

In 2023, Insurance Assist India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹14.33 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 14.33 Cr

Latest Charge Details

DateLenderAmountStatus
15 Sep 2023Others₹14.33 CrOpen

How Many Employees Work at Insurance Assist India?

Unlock and access historical data on people associated with Insurance Assist India, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Insurance Assist India, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Insurance Assist India's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Insurance Assist India

Recent activity within the organization

  • Director Appointment

    Prabodh Bhagwandas Thakker was appointed as a Director was appointed as a Director on 07 Oct 2024 & has been associated with this company since 4 months 16 days .

    07 Oct 2024

  • Annual General Meeting

    Insurance Assist India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Director Appointment

    Puja Pratik Parekh was appointed as a Director was appointed as a Director on 11 Sep 2024 & has been associated with this company since 5 months 11 days .

    11 Sep 2024

  • Balance Sheet

    Insurance Assist India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Kanan Chetan Sheth was appointed as a Director was appointed as a Director on 14 Feb 2024 & has been associated with this company since 1 year 7 days .

    14 Feb 2024

  • Charges

    A charge with Others amounted to Rs. 14.33 Cr with Charge ID 100792837 was registered on 15 Sep 2023.

    15 Sep 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Insurance Assist India Private Limited was incorporated on 09 Jan 2001.

  • The authorized share capital of Insurance Assist India Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 7.52 Cr.

  • Currently 4 directors are associated with Insurance Assist India Private Limited.

    • Kanan Chetan Sheth
    • Prabodh Bhagwandas Thakker
    • Puja Pratik Parekh
    • Pratik Bhaskar Parekh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Insurance Assist India Private Limited is Gresham Assurance House4Th Floor Sir Phirozshah Mehta Road India, Mumbai, Maharashtra, 400001.

  • The corporate identification number (CIN) of Insurance Assist India Private Limited is U66010MH2001PTC130355 and the company number is 130355 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Insurance Assist India Private Limited is https://www.globalinsurance.co.in

  • The financial reports for the fiscal year 2023 indicates that The net worth of Insurance Assist India Private Limited has experienced an upsurge of 3761.87%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Insurance Assist India Private Limited amount to ₹ 14.33 Cr.

  • The most recent Balance Sheet for Insurance Assist India Private Limited was filed with the ROC on 31 Mar 2024.

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